11 May 2026

India launches PM Vidya Lakshmi portal for student loans

UPSC
SSC
Banking
Education

Summary

Ministry of Education revamped the PM Vidya Lakshmi portal, offering single-window education loan applications across 13 PSU banks. Subsidized interest rates for income-based eligible students.

Why it matters

UPSC GS-2 (Education, Schemes). Connect with NEP 2020, NSP scholarship portal, RIST.